According to a new market report published by Stratistics
MRC the Food Processing Machinery Market accounted for $53.22 billion in 2015 and
is expected to reach $92.51 billion by 2022 growing at a CAGR of 8.2% from 2015
to 2022. Increasing disposable incomes and growing awareness about processed
food are the forcers fueling the market growth. Factors such as the strict
regulations towards safety standards, complex process in production, increasing
varieties, utmost importance on quality are supporting the need for automation.

The global Food Processing Machinery Market is segmented by Processing
Type into Meat/Poultry Processing, Beverage Processing, Dairy & Milk
Processing, Fruit and Vegetable Processing, Chocolate & Confectionery
Processing, Bakery and Other Processing Type. The Meat/Poultry Segment presently
command the market and accounts for a market share of more than 28% during the
forecast period. The demand for meat processing machinery is driven by the
increased consumption of processed foods, including protein-rich meat products,
and growing concerns pertaining to food safety.

This report also covers trends driving each segment and
offers analysis by geography, with key regions such as North America, Europe,
Asia Pacific and Rest of the World. North America commanded the largest market
revenue. Asia Pacific food processing machinery market has acquired the leading
position among all the regional markets. Market is projected to maintain its
dominance on account of the robust presence of China in the global market.
China topped the market by manufacturing the highest volume of food processing
machinery in 2011. Owing to the rapid development of the food processing
industry, China is also expected to witness high demand for food processing
machinery, which in turn is projected to drive the Asia Pacific market
extensively.